Closing Bell Recap: Color Star Technology Co Ltd (ADD) Ends at 0.27, Reflecting a -40.64 Downturn

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Color Star Technology Co Ltd (NASDAQ: ADD) closed the day trading at $0.27 down -40.64% from the previous closing price of $0.45. In other words, the price has decreased by -$40.64 from its previous closing price. On the day, 14.75 million shares were traded. ADD stock price reached its highest trading level at $0.425 during the session, while it also had its lowest trading level at $0.258.

Ratios:

For a better understanding of ADD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ADD now has a Market Capitalization of 15074109 and an Enterprise Value of 15423991. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.37 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 14.545 whereas that against EBITDA is -0.471.

Stock Price History:

Over the past 52 weeks, ADD has reached a high of $1.85, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -67.04%, while the 200-Day Moving Average is calculated to be -33.35%.

Shares Statistics:

Over the past 3-months, ADD traded about 2.45M shares per day on average, while over the past 10 days, ADD traded about 3632640 shares per day. A total of 57.03M shares are outstanding, with a floating share count of 53.02M. Insiders hold about 7.04% of the company’s shares, while institutions hold 1.08% stake in the company. Shares short for ADD as of 1726185600 were 1375458 with a Short Ratio of 0.56, compared to 1723680000 on 2197735. Therefore, it implies a Short% of Shares Outstanding of 1375458 and a Short% of Float of 2.5100000000000002.

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